Cost of Billing Time

Our thanks to Peter Lawson of Hedgehogfx in Australia for allowing us to share this tool he put together for determining the cost of driving "time" through a professional firm.

Ron Baker and I usually use a figure of about 7 to 10 percent of timeline revenue, but Peter challenged us on this and produced the tool which he feels more accurately represents the true costs - about 30 percent.

Above is an embedded version. Click link to download.